As you read every word of this article you will discover three common mistakes that may be costing you sales. However, I don 't want you to feel like you are alone, or thats it 's totally your fault. These are common mistakes made by many sales people due to the lack of proper sales training.
Sales is a process, and having said that, there are certain steps that must be followed in order for the process to end with the ultimate outcome, a sale. If any of these steps are skipped or not done properly, you may very well waste your time and in the process, damage your confidence and self esteem.
Many sales people skip or hurry through certain steps, and then search for techniques to help them close the sale and make up for them taking short cuts in the sales process.
There are no short cuts to success in sales. If you
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The second common mistake many sales people make that costs them sales, is not qualifying a prospect properly to find the emotional reasons why they need your product or service.
When it comes to qualifying a prospect it 's important to understand the reasons why people do things, and ultimately, why they will or will not buy your product or service. You see, people will buy your product or service to satisfy one of two main needs. Some times they will even buy to satisfy both needs.
These two needs are:
1.The need to avoid pain, or a loss
2.The need to gain pleasure.
These are the two motivating factors in a person for doing anything in their life; to gain pleasure, or to avoid pain. You may have heard it stated this way, "The carrot or the stick". The carrot represents the edible reward, while the stick refers to a punishing
As the salespeople’s immediate supervisor, it is the primary responsibility of the manager to provide proper training to enhance the salespersons’ effectiveness and improve their skills. Given the importance of having a productive and enthusiastic sales team, the manager needs to develop and manage effective reward and compensation packages to ensure a highly motivated and satisfied sales force. Sales managers also ensure that the company 's standards of professionalism, image, and branding are consistent with the sales team’s interaction with company customers. The manager 's presence also makes customers feel valued as well as provide credibility on behalf of the company (Pilling, Donthu, & Henson,
At first I was a little hesitant, walking by the small market stand full of hair styling products I have never seen before. As usual, there is a salesman standing on the other side trying to persuade every individual to buy their new products. That may seem familiar and yes it can be very annoying. Targeting uninformed consumers is extremely unethical because the consumer most likely is not interested and they may be getting lied to. Many people know they will say anything to them to buy their product. In fact, two thirds of salesmen admit they lie about products they sell. Usually when someone is interested in a product, they will proceed to the salesman to learn more. But now, the salesmen are going out of their way to inform others about
Trust is a two way street. Trusting people is somewhat second nature to some. Unfortunately, trust is very hard to come by these days with all of the deception and scams that people are using. A person may think that they could easily spot a scam or detect deception but it is not as easy as it seems. Deception and scams are important tools for illicit actors to use in order to gain the upper hand on whatever the situation may be.
They know that they will not be able to get the things that they want unless they use manipulation and con to get it. Greenbaum says since the ruthless competiveness of sales requires, cut-throat individualism and therefore to be a success means the subordination of intrapersonal relationships; in this realm all that matters is the “closing deal” (33-34). The competitiveness shows that the men in the movie do not care about the harsh words that they say to each other because all that matters is making sure that he is the one who leaves with the brand new Cadillac and is not being fired later on that day. Daus says salesman will have their triumphs and their failures but this is not the only subject. The other subject is a unique account of manipulation (3). This shows that no matter how true or great a friendship may seem it is not always as true and honest as it may
There are a range of segmentations that allows a company to target potential customers effectively.
Discuss an assessment or evaluation strategy which may be used to help determine the marketing potential of an organization.
Assessing the Business Opportunity In order to assess business opportunities of Renovo, factors such as market opportunity, technology, management and overall business plan of the company shall be evaluated and it will be decided whether or not an investor should invest in the company. (Wong et al., 2010). Market Opportunity
Company sales are important even if you are not interviewing for a sales job. If you have reviewed several years of annual reports, you can easily see if the company's sales have gone up or down. Asking questions about the company's sales during an interview scores lots of points because it shows you have done your homework.
All Sales representatives should use company’s funds responsibly and good business judgment when incurring a business expense.
In business to business, the buyers have certain specific motives which help them to maintain such relationship and make it a long term. Nowadays, in order to have a successful selling, you as a salesperson should clearly identify the buyer’s motive so that you can have a presentation keeping the needs and desires of the buyers. Certain motives of buyers
Many customers need a little more time. They 're the actual information, agonizing over the decision and decide to indefinitely put the time in another without necessarily being uninterested. But despite that drops them off along the way in the seller pipe.
Experienced sales professionals are adept at answering common interview questions; they are skilled in the art of selling products and services, and also authorities at selling themselves. If you want to go beyond the surface, uncover the applicant's true identity, and evaluate their behavioral or soft skills, ask a few out of the box, unconventional questions. The answers may surprise you and
Why Trust Salespeople? The sales industry is filled with people trying to make sales and gain trust from random strangers without thinking if you need the services or goods they sell to you. In the presence of a salesman, most people have a feeling of being pressurized using twisted truth to buy things, and salespeople go a step further to convince us of the benefits of making the purchase. People find it hard to trust sales professions particularly due to annoying situations whereby the sales people promise particular features that were later not available after one made a purchase. Due to such instances, most people when approached by salespeople, instinct kicks not to buy from that person.
...e key areas covered are customer delight, strengthening of the sales team and reviewing your marketing strategy. While understanding how to increase sales, the firm must focus on satisfying the customer and making the customer feel extra-special. The sales team is the backbone in increasing sales and they need to be aware of the goals and objectives of the organization. The sales incentive program must be good enough and be a sufficient motivational factor for the sales team. While working on how to increase sales it has also been emphasized in this article as to how to review the marketing strategy. One must go back to the basics, begin reviewing from scratch and check whether the customer is satisfied. It is also important that the company understands that each of its employees is a brand ambassador and the image they portray reflects on the image of the company.
To solve the problem of declining sales, three basic questions must first be answered. Yarborough defined these as “knowing where you are, where you are going and how you are going to get there” (Yarborough, 1994, p. 13). The appropriate process to solve a problem must define the current state of the issue, find the core cause(s) of the problem and chart a viable course for correction. Additionally, proper instructions and action steps of how the solution will achieved must be part of the process.